If green bonds are a viable tool to reduce emissions and adapt infrastructure to the effects of climate change, how can governments encourage the issuance, sales, and growth in the share of green bonds in the total bond market?
To achieve the Biden administration's blueprint for solar energy and focus on climate change mitigation and adaptation, green bonds may be worth considering. But, like any other financing instrument, they may be best considered through a cost-benefit lens.
As the Biden administration begins to define its approach to international trade, and the Suga administration looks to further tighten cooperation with the United States, it may be worth reconsidering the exclusion of cryptocurrency from the U.S.-Japan trade deal. Substantial economic equities are at stake for both sides.
The 2007–08 financial crisis made regulators and lawmakers acutely aware that some financial institutions had become too big to fail. The next big economic crisis may arise outside the financial sector, in highly networked companies that are too interconnected to fail.
The impulse to do something to help businesses right now is well-intended, but lending to companies that were highly leveraged pre-crisis is a risky bet. Assistance could be best directed toward sound enterprises that are likely to survive and contribute to boosting the economy in the coming years.
Budget cuts at the state court level can mean courthouse closures, hiring freezes and layoffs, leading to longer wait times for the public. Educating the public about the role and importance of the state courts is key to preventing more budget cuts in the future.
With numerous data breaches and emerging software vulnerabilities, 2014 was the year the hack went viral. But realizing a few New Year's resolutions in 2015 could help defenders make strides in protection, tools, and techniques to gain the edge over cyber attackers in years to come.
While Tor has many benefits, it is also used to hide criminal activity online such as the recent cyber attacks against JPMorgan Chase and Sony Pictures. The U.S. government should share the IP addresses of Tor network nodes with U.S. critical infrastructure and financial firms so that future cyber attacks could be prevented.